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Zambia

International Monetary Fund African Department

4.9/5 (17690 ratings)

Description:The Zambian economy has started recovering from a marked slowdown in growth. In 2015Q4 and most of 2016, it was in near-crisis, reflecting the impacts of exogenous shocks and lax fiscal policy in the lead up to general elections. Tight monetary policy helped to stabilize the exchange rate and lower inflation, but the ensuing liquidity crunch combined with government arrears and subdued economic activity caused a rise in non-performing loans and put the financial system under substantial stress. Public debt has been rising at an unsustainable pace, crowding out lending to the private sector. The government has initiated bold reforms of subsidies in the agriculture and energy sectors, and is scaling up spending on social protection programs. However, ambivalence on key measures is creating uncertainties about its commitment to fiscal consolidation, with potential adverse effects on private investment and growth.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Zambia. To get started finding Zambia, you are right to find our website which has a comprehensive collection of manuals listed.
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Pages: —

Format: PDF, EPUB & Kindle Edition

Publisher: International Monetary Fund

Release: 2017

ISBN: 1484325362

Description: The Zambian economy has started recovering from a marked slowdown in growth. In 2015Q4 and most of 2016, it was in near-crisis, reflecting the impacts of exogenous shocks and lax fiscal policy in the lead up to general elections. Tight monetary policy helped to stabilize the exchange rate and lower inflation, but the ensuing liquidity crunch combined with government arrears and subdued economic activity caused a rise in non-performing loans and put the financial system under substantial stress. Public debt has been rising at an unsustainable pace, crowding out lending to the private sector. The government has initiated bold reforms of subsidies in the agriculture and energy sectors, and is scaling up spending on social protection programs. However, ambivalence on key measures is creating uncertainties about its commitment to fiscal consolidation, with potential adverse effects on private investment and growth.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Zambia. To get started finding Zambia, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

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Zambia

Zambia

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